You will want to reduce the size of your taxable estate by making tax-excluded gifts to your family members. Gifts that are not more than the annual exclusion for the calendar year, tuition or medical expenses you pay for someone (the educational and medical exclusions), gifts to your spouse, and gifts to a political organization for its use generally are not taxable gifts.
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STARTING A BUSINESS
There are many benefits to starting a business and incorporating. Some of the benefits of starting a business include protection of your personal assets, ease of raising capital, gain anonymity, available tax benefits and more!
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